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aramco sustainability report 2021

26.07.2022

aramco sustainability report 2021

The company said in a statement, "Aramco's net income increased by 124% to $110.0 billion in 2021, compared to $49.0 billion in 2020." This evaluation will give a chance Aramco to meet all of its economic and sustainability goals. KKR releases 2021 sustainability report; Brookfield raises $15bn for transition fund; LGIM expands ESG multi-index fund range; River & Mercantile launch ESG equity funds; Banks join aluminium decarbonisation group; Invesco adds net zero corporate bond fund; ICE launches corporate bond climate indices; Aramco publishes first sustainability report Goal 10: Reduced inequalities. The company is under the Saudi Arabian Government, it is the state owned enterprise company and under the oil and gas industry. Key Points. The 2021 report follows Aramcos announcement of its plans to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across its operations by 2050. 2021 corporate sustainability report; new energies: growing our lower carbon businesses; sustainability downloads. Sustainability Report 2015.

Check our 9th integrated report and 13th sustainability report, we aim to facilitate a continuous conversation with our stakeholders. This Annual Report covers financial and operational aspects of Aramco from January 1, 2020 to December 31, 2020, and is issued in both Arabic and English. GWEC | GLOBAL WIND REPORT 2021. Aramco today published its first sustainability report, which outlines next steps towards the Companys operational net-zero ambition https://lnkd.in/ehge3Mj6 Our 2021 The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia. The company was established in 1933 and began drilling Further details are scheduled to be disclosed in Aramcos forthcoming Sustainability Report, which will be issued in the second quarter of 2022. Ask us a question (sustainability) We work across our eight core markets. Download Report Sections. Our sustainability report details next steps towards our operational net-zero ambition #aramco Learn more https://lnkd.in/dF9Pq-Rw Our 2021 sustainability report aramco.com We invited speakers from Saudi Aramco, BASF, ART Hydroprocessing, and more to discuss upskilling and reskilling, the future of work, digitalization, and sustainability. 0. JUBAIL, Saudi Arabia, July 28, 2020-- Sadara Chemical Company (Sadara) recently unveiled its 2019 Sustainability Report during its Second Sustainability Seminar which took place virtually for employees.This is the second annual Sadara Sustainability Report the first was published last year and marked Sadara as the first Saudi Aramco joint venture to produce such Subsea 7 today announced the publication of the Annual Report containing the Consolidated Financial Statements for the Subsea 7 Group and the Annual Accounts of Subsea 7 S.A., the Parent Company, for the year ended 31 December 2020. In Saudi Arabia, Chevron AlBakri Lubricants Company is a leading manufacturer and marketer of Caltex-branded finished lubricants, greases and specialty products, such as coolants and fuel system treatment solutions. Sustainability Report 2013. Sustainability Report 2012. 417. aramco. Aramco said it would disclose further details on how it plans to navigate the energy transition and achieve its net zero strategy in its Sustainability Saudi Arabian oil company Aramco has published its first sustainability report which outlines how the company further plans to tackle emissions. SHARE THIS.

The anomaly shows up in Aramcos first dedicated sustainability report published last week, where it noted that absolute emissions in 2035 will be almost the same as the level recorded in 2021. Sustainability Report 2019. See Cautionary Statement on page 131 of the 2021 Annual Report for important information regarding forward-looking statements and terms used in this report. The 2019 Annual Report and Form 20-F are now available as PDF download. Goal 5: Gender equality. This Reporting boundaries for each KPI and for each year is shown for transparency and, where possible, comparability. Today, it produces over 1,300,000 barrels a day from over 700 wells #aramco. Corporate Social Responsibility. Saudi Arabian oil company Aramco has published its first sustainability report which outlines how the company further plans to tackle emissions. Aramco continued its strong track record of supply reliability by delivering crude oil and other products with 99.9% reliability in 2021, despite challenges caused by COVID-19. Localized workforce.

Saudi state oil producer Aramco sees an inflection point in the market for hydrogen and expects exports to ramp up after 2030. We see The oil major saw a 124-percent profit surge in 2021. Aramco continued its strong track record of supply reliability by delivering crude oil and other products with 99.9% reliability in 2021, despite challenges caused by COVID-19. The oil giants EBIT surged to $57.26bn, while revenue rose to $95.75bn. Sustainability ExxonMobil is committed to producing the energy and chemical products that are essential to modern life, economic development and improved standards of living. Thats a Aramco is ramping up capital expenditure to between US$40-50bn. Aramco today announced its full-year 2021 financial results, reporting that net income more than doubled year-on-year to $110.0 billion. Aramco declared a fourth quarter dividend of $18.8 billion, to be paid in the first quarter of 2022. Oil & Gas 4.0 utilizes the foundation set by Industry 4.0 and leverages advanced technologies to increase efficiency, sustainability, achieve higher yields, and create a Aramco continued its strong track record of supply reliability by delivering crude oil and other products with 99.9% reliability in 2021, despite challenges caused by COVID-19. Aramco highlighted that its announcement complements the Kingdom of Saudi Arabia's aim to reach net zero emissions by 2060. Goal 3: Good health and well-being. However, the memo has not reached Saudi Arabian oil and gas giant Aramco. 2021 Year in Review: Aramco drives to new heights globally despite challenges AramcoLIFE's first year proved to be a busy one, from landmark financial deals to high-profile collaborations to historic resource development and more.

Aramco (@Aramco) October 23, 2021. For the sustainability, the company name, Saudi Aramco, is taking initiative, they are successful in Saudi Arabia, since they founded in 1933. SINGAPORE (ICIS)Saudi Aramco, the worlds biggest oil exporter, is targeting net zero greenhouse gas emissions across its operations by 2050. 60. aramco. It now expects growth of just 3.4 percent by 2025, an increase of 140 billion cubic meters from 2021 levels, which is less than the 175 bcm jump in demand registered in 2021 alone. Goal 12: Aramco President & CEO, Amin H Al-Nasser said, Our ambition is to achieve operational net-zero by 2050 and our sustainability report highlights how we aim to continue meeting the worlds rising demand for secure, reliable and affordable energy, while also contributing to the broader energy transition.. Saudi Arabias Vision for 2030 and Saudi Aramco. 20. Wood has secured a multi-million dollar contract with Saudi Aramco to deliver engineering and project management services for the Safaniyah and Manifa oilfields in the Kingdom of Saudi Arabia. The Saudi Arabian Oil Company (Aramco or the Company) today announced its second quarter 2021 financial results, reporting a 288% increase in net income from the same quarter of last year to $25.5 billion and declaring a dividend of $18.8 billion. Tweet. Recordable Environmental Incident Rate/200K hrs worked. Dhahran, Saudi Arabia, March 23, 2021 - Saudi Aramco published its 2020 Annual Report. Aramco is an amazing model. Right Now at Valero. 78,000+ Community Beneficiaries. Sustainability Report 2014. 2021 Annual Report - The experience of the past year and the call to action shaping the years ahead, we will do even more to deliver affordable, reliable and ever-cleaner energy. KPMG has provided limited assurance on certain metrics for 2021 only. Further details are due to be disclosed in Aramcos forthcoming Sustainability Report to be issued in 2022. In August, through its subsidiary SAPCO, Aramco acquired a 30% stake in the 1500MW Sudair Solar PV project. Sudair will be one of the largest plants of its kind in the world. Aramco today published its first sustainability report, which outlines next steps towards the Companys operational net-zero ambition https://lnkd.in/ehge3Mj6 Our 2021 (2021, July 24).

it sets out in greater details the companys plan to achieve net zero greenhouse gas emissions by 2050. aramco 1,943,379 followers June 17, 2022 Anand Gupta 0. Sustainability Report 2016. From Carbon Capture Utilization to Artificial Intelligence, Big Data to IR4.0 technologies, Aramco uses cutting-edge technology to engineer a better future. The collaboration includes team sponsorship rights, a licensing agreement, as well as exclusive branding and endorsement rights for Aramco fuels and lubricants. The SARBV-UCI Aramco commitment will both contribute toward the Kingdoms net zero 2060 target, while increasing the sustainability of the June 15, 2022, will be remembered as a milestone date in Aramcos history because this was the day Aramco issued its first-ever Sustainability Report. Goal 7: Affordable and clean energy. The Annual Report for the year ended December 31, 2020 is now available on the Company's website. Saudi Aramco 2021 Annual Report Dhahran, Saudi Arabia, March 21, 2022 - Saudi Aramco published its 2021 Annual Report. Aramco has more than 12000 miles of pipelines and 15 very large crude oil ships, which allow Aramco to transfer oil through the Arabian Gulf and the red sea (Saudi Arabia, 2021).

Aramco declared a dividend of $18.8 billion for the first quarter, to be paid in Q2 2021. Aramco Publishes its First-ever Sustainability Report. It was the second year running that Aramco achieved this level of reliability. 2021 was a year defined by our efforts to reimagine ESG at the center of our business, take urgent action on climate change, and embrace the promise of the circular economy. Report: Newcastle cutting short Fun88 sponsorship to free up shirt inventory Betting brand's deal to end after 2022/23 season amid speculation of Saudi-linked new partner. The report also outlines the companys focus on developing its blue ammonia and hydrogen business, with the aim of producing up to 11 million metric tons of blue ammonia per year by 2030. As the oldest tournament on the PGA TOUR to be played in the same city, the story of the VTO is really the story of San Antonio in the 21st century. It was the second year running that Aramco achieved this level of reliability. Aramco sustainability report 2021 | 30% GHG reduction through Natural Climate Solutions - 700 million mangroves by 2035 | 70% reduction in operations Eric Frse

Sustainability Report 2021.

Saudi Aramco Energy Ventures (SAEV) is the strategic technology venturing program of Saudi Aramco, the worlds leading integrated energy and chemicals company. The Arabic version prevails in the event of any discrepancy. Goal 6: Clean water and sanitation. (Image source: Aramco) Reporting its 2021 financial results, Aramco announced that it will continue to raise crude oil Maximum Sustainable Capacity (MSC) to 13mn bpd by 2027, and potentially increase gas production by more than 50% by 2030. circular carbon economy, report, Saudi Arabia, Saudi Aramco, sustainability. It may be Our 2021 sustainability report; Our sustainability data Presenting Aramcos ESG KPIs for the years 2021, 2020 and 2019. Thrilled to be attending the Inaugural Annual Conference of Saudi Youth for Sustainability taking place in KAUST. Aramex 2021 Annual Report Aramex 2020 Annual Report Aramex 2019 Annual Report Rates. Hassan Warsame. Reporting boundaries for each KPI and for each year is shown for transparency and, where possible, comparability. 2021 Annual report Ask us a question. Back with its second virtual edition, the LEWAS Symposium, held on 23 November 2021, revolved around the theme Re-engage, Re-Learn and Re-inspire." Aramco, Saudi Arabia's cash cow, achieved a net income of $88.2 billion in 2019 before the coronavirus (COVID-19) pandemic hit global markets, resulting in huge losses for the oil and aviation sectors, among others. Goal 8: Decent work and economic growth.

Through the partnership with Aramco, AVEVA will be able to establish its largest digital hub based in Saudi Arabia. Aramco has revealed its goal to achieve net-zero for Scope 1 and Scope 2 greenhouse gas (GHG) emissions across its operations by 2050. Saudi Aramco Energy Ventures. The company plans to disclose further details in its forthcoming Sustainability Report to be issued in the second quarter of 2022. Compare Saudi Aramco's sustainability performance Inspect Data Pre-tax profits invested in the community (%) Community investment project results tracked Corporate foundation Total community investments (USD) Evaluation of board members (Yes/No) Executive compensation linked to performance indicators. Box 4534 Aramco said free cash flow was $22.6 billion in the second quarter and $40.9 billion for the first half of 2021, compared to $6.1 billion and $21.1 billion, respectively, for 6 Conclusion: Saudi Aramco. Monday 20 June 2022 09:53 GMT. Dhahran, Saudi Arabia The Saudi Arabian Oil Company (Aramco or the Company) today announced a major expansion of its Namaat industrial investment programs, with 55 agreements and Memoranda of Understanding (MoUs) across the sustainability, digital, industrial, manufacturing and social innovation sectors. Details of the plan will be disclosed at the companys Sustainability Report to be released in the second quarter of next year, the company said in a statement. How Aramcos hydrogen initiatives are keeping up with the growing sustainability market. Aramco is also among signatories to the Aiming for Zero Methane Emissions Initiative, a project of the Oil & Gas Climate Initiative which involves striving to reach near zero methane emissions from operated oil and gas assets by 2030. This Annual Report covers financial and operational aspects of Aramco from January 1, 2021 to December 31, 2021, and is issued in both Arabic and English. Aramco has revealed its goal to achieve net-zero for Scope 1 and Scope 2 greenhouse gas (GHG) emissions across its operations by 2050. Saudi Aramco Sustainability Report 2021 Energy security for a sustainable world. March 26, 2021 Anand Gupta.

By The Arabian Sun / 29 June 2022. Saudi Arabian Oil Company (Aramco) has reported a net income of $30.4bn in the third quarter of 2021, up from $11.8bn in the same period last year. Our 2021 sustainability report. Saudi state oil producer Aramco sees an inflection point in the market for hydrogen and expects exports to ramp up after 2030. We see 9 June 2022 Ed Dixon

Further details are scheduled to be disclosed in Aramcos forthcoming Sustainability Report, which will be issued in the second quarter of 2022. In its latest annual report released in March, Aramco revised its 2019 emissions from 57.9 million metric tons of carbon-dioxide equivalent to 71 million tons. 23 March 2021. RIYADH: Saudi Aramco seeks to boost its spending target to $40-50 billion this year, When Aramco made a public commitment in October 2021 to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly owned and operated assets by 2050, it recognized that both internal and external stakeholders would expect the company to explain how it plans to do this. The target range for the 2021-2023 long-term incentive plan grant is a 6-8% reduction in net carbon intensity against the 2016 baseline of 79 grams of CO 2 equivalent per megajoule. Learn about Bloomberg L.P.s approach to sustainability and how were reducing our carbon emissions and supporting climate action. 2021 September Sustainability Report 2017. Sustainability Report 2021. This For 2021 share awards, the weighting of the energy transition condition has doubled, and for the long-term incentive plan it has been increased from 10% to 20%. Released 12:42:13 23 March 2021. 0 0. more . A printed copy of our 2019 Annual Report can be ordered free of charge. Sustainability Report 2018. We turn investments in innovation into technology and services that help our customers be more productive, profitable and sustainable. Monday 20 June 2022 09:53 GMT. Reporting boundaries for each KPI and for each year is shown for transparency and, where possible, comparability. The Saudi-based company, ranked 16 globally, is the highest newcomer in the Kantar BrandZ Most Valuable Global Brands 2022 ranking with a value of more than $99 billion, said the report.

Our 2021 sustainability report | Aramco Global directory Headquarters Global - Saudi Arabia English Contact details & info Saudi Aramco P.O. Source: Saudi Aramco 2021 Sustainability Report Climate change is a serious risk to humanitys future and restoring the world to a better carbon balance requires us to reduce the greenhouse gas emissions associated with both oil and gas production and use, Aramco chairman Yasir al-Rumayyan stated in the report. On June 13 Saudi Aramco Upstream Professional Development Center (UPDC) celebrated 10 years of achievements highlighting its performance-base. 5/18/2021. Aramco is ramping up capital expenditure to between US$40-50bn. Last month, Saudi Aramco reported $25.5bn net income in Q2 2021. Oil and gas giant Aramco has once again been crowned the regions most valuable brand, with a brand value of US$43.6 billion a 16% year-on-year increase. 98% Sustainability Coverage. SINGAPORE (ICIS)Saudi Aramco, the worlds biggest oil exporter, is targeting net zero greenhouse gas emissions across its operations by 2050. 5. The Annual Report for year ended December 31, 2021 is now available on the Company's website. 0. Saudi Aramco sustainability report details next steps towards operational net-zero ambition. The Corporate segment offers supporting services including human resources, finance, and information technology. Ali Alshuwaikhat. Box 5000 Dhahran 31311 Kingdom of Saudi Arabia CONTACT US Americas USA Contact details & info Location 1200 Smith Street Houston, TX 77002 Mailing Address Aramco Americas P.O. Latest Sustainability Report. Aramco publishes its first-ever Sustainability Report We have established this reporting process because we intend to be in business for a great many decades to come. President and CEO Amin Nasser discusses Aramcos 2021 achievements and future goals. Saudi Arabian Oil Company. Aramco and Aveva announced their intention to form a strategic alliance, which will be focused on driving sustainability in the region through digital transformation. April was a very special month as San Antonio celebrated the 100th anniversary of the Valero Texas Open (VTO). 0 0. Sustainability Report 2011.

The reports release follows the Companys announcement of its ambition to achieve net-zero Scope 1 and Scope 2 greenhouse gas (GHG) emissions across its wholly-owned operated assets by 2050. 2021 Annual & Sustainability Report (ASR) 2021 ASR Limited Assurance Report. Aramcos net income increased by 124% to $110.0 billion in 2021, compared to $49.0 billion in 2020. It was the second year running that Aramco achieved this level of reliability. Key Points. Read Report 92%. 23 March 2021. 2021 performance data; build a custom data chart; Saudi Aramco Annual Report 2020. Our ambition is to achieve operational net-zero by 2050, said Amin H. Nasser, Aramco president and CEO. Aramco continued its strong track record of supply reliability by delivering crude oil and other products with 99.9% reliability in 2021, despite challenges caused by COVID-19. In that period, Aramco expects to increase oil production by 1 million barrels a day by 2027 and boost gas production by 50% by the end of this decade. Our 2021 sustainability report; Our sustainability data Presenting Aramcos ESG KPIs for the years 2021, 2020 and 2019. Aramco sustainability report details next steps toward operational net-zero ambition EQ Mag Pro. SHARE THIS. Following a difficult period for the sector at the start of the COVID-19 pandemic, oil prices rebounded in 2021, buoyed by the natural gas crisis that saw businesses turn to crude products. How Aramcos hydrogen initiatives are keeping up with the growing sustainability market. Sustainability Report 2021. 8,000+ Students. In its latest annual report released in March, Aramco revised its 2019 emissions from 57.9 million metric tons of carbon-dioxide equivalent to 71 million tons. Saudi Aircraft Services, a Chevron joint venture, has plane-fueling operations at Jeddah and sells aviation fuels in Saudi Arabia. Aramco is also among signatories to the Aiming for Zero Methane Emissions Initiative, a project of the Oil & Gas Climate Initiative which involves striving to reach near zero methane emissions from operated oil and gas assets by 2030. The Arabian Sun October 24, 2021. GWEC | GLOBAL WIND REPORT 2021 0. By Saudi Aramco News / 0 Comments / 24 March 2021. Sustainability report Ask us a question. The 2021 report follows Aramcos announcement of its plans to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across its operations by 2050. Our approach to sustainability reporting In this inaugural Sustainability Report, we present our approach to: integrating sustainability within our corporate strategy and operations; the material (SPSC) Ambassador at iso20400plus ltd. - Sustainable Procurement and Supply Chain Scotland -United Kingdom. Aramco, Siemens Energy and the World Economic Forum (WEF) have launched a co-lead report on Cyber Resilience in the oil and gas industry. Addressing one of the century's biggest challenges. Our sustainability report details next steps towards our operational net-zero ambition Learn more .

The print version is identical to its PDF counterpart, which is available at aramco.com.

aramco.com. Reporting boundaries for each KPI and for each year is shown for transparency and, where possible, comparability. Our sustainability report details next steps towards our operational net-zero ambition #aramco Learn more https://lnkd.in/dF9Pq-Rw Our 2021 sustainability report aramco.com Statements on Sustainability Metrics and Related Notes. Aramco (@Aramco) October 23, 2021. Amin H. Nasser, Aramco President & CEO, said: Our ambition is to achieve operational net-zero by 2050 and our sustainability report highlights how we aim to continue meeting the worlds rising demand for secure, reliable and affordable energy, while also contributing to the broader energy transition. Aramco and Aveva announced their intention to form a strategic alliance, which will be focused on driving sustainability in the region through digital transformation. It may be viewed at: March 20, 2022 VIDEO: A tip of the hat to Aramcons drive for excellence .

RNS Number : 2156T. Operational Highlights Aramco demonstrated reliable upstream performance with an average total hydrocarbon production of 11.5 million barrels per day of oil equivalent in the first quarter of 2021, including 8.6 million barrels per day of crude oil. 0.02. The Saudi Arabian Oil Company (Aramco or the Company) today announced its second quarter 2021 financial results, reporting a 288% increase in net income from the same quarter of last year to $25.5 billion and declaring a dividend of $18.8 billion. Ask us a question (markets-and-services) Continued growth and better performance. Monday, October 25, 2021. Our 2021 sustainability report; Our sustainability data Presenting Aramcos ESG KPIs for the years 2021, 2020 and 2019. This Goal 9: Industry, innovation and infrastructure. Behaving responsibly as a global citizen is an inextricable part of our heritage, and we uphold the highest ideals of integrity, innovation and excellence in all we do. Our 2021 sustainability report; Our sustainability data Presenting Aramcos ESG KPIs for the years 2021, 2020 and 2019. (Image source: Aramco) Reporting its 2021 financial results, Aramco announced that it will continue to raise crude oil Maximum Sustainable Capacity (MSC) to 13mn bpd by 2027, and potentially increase gas production by more than 50% by 2030. Aramcos first Sustainability Report is now published! 1w. Further details are due to be disclosed in Aramcos forthcoming Sustainability Report to be issued in 2022. Details of the plan will be disclosed at the companys Sustainability Report to be released in the second quarter of next year, the company said in a statement. The Saudi Arabian Oil Company (Aramco) published its first sustainability report on June 15th, with the aim of reducing its carbon emissions through reliable and affordable energy solutions. 80. Aramco has a uniquely strong platform from which to lead the global industry to meet this challenge and we are delighted to announce today our ambition to achieve net-zero greenhouse gas emissions across our operations by 2050. Further details are due to be disclosed in Aramcos forthcoming Sustainability Report to be issued in 2022. View Report. now viewing. When Aramco made a public commitment in October 2021 to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly owned and operated assets by 2050, it recognized that both internal and external stakeholders would expect the company to explain how it plans to do this. Thats a Download Report. Saudi Aramco is the world's largest oil producer and the world's profitable company. The print version is identical to its PDF counterpart, which is available at aramco.com. ANNUAL REPORT 2021. 16.

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